Sandvik To Acquire Chuzhou Yongpu Carbide Tools
Sandvik has signed an agreement to acquire % of Chuzhou Yongpu Carbide Tools Co. Ltd a China based premium solid round tools company with a call option to buy the remaining part in three years’ time. Chuzhou Yongpu Carbide Tools Co. Ltd is mainly focused on global and local OEMs and connected suppliers operating in China. Its capabilities include the full solid round tools manufacturing value chain with an offer covering blanks cutting tools recon...